The EUR/USD pair kicked off during yesterday’s trading session for a second consecutive day this week. Investors turned to buying the Euro after positive economic news in China. The pair received further support by Bernanke, who stated...
Market Review – 10/06/2010 21:34 GMTEuro rallies on optimism over global economic recoveryEuro surged as strong demand for Spanish bonds eased worries if the country could fund its debt in the market while a sharp rise in...
The US stock indices fell on Wednesday after the worries about the global economic growth had refreshed. Dow Jones Industrial Average index dropped by 40.73 points, or by 0.41%, to 9899.25. Nasdaq Composite index lost 11.72 points,...
Crude retested 74.15 and head to the upside activating the morning suggested scenario supported by the 100 MA from below. The intraday expectations are to the upside today towards targets starting from 75.75 which requires stability above...
EUR USD The pair breached the awaited resistance at 1.2045 though hit the 50 MA which restricted the upside movement. Our suggested intraday scenario was activated and the pair is now retesting the breach. Our expectations remain...
ForexPros Daily Analysis June 10, 2010 Fundamental Analysis: Core Retail Sales Traders of the US await the Core Retail Sales publication. It is a monthly measurement of all goods sold by retailers based on a sampling of...
Once again the USD traded within a range bound consistency, but did lose some ground to the EUR and GBP. Wall Street struggled on Wednesday and this occurred with little in the way of economic data.
The ECB will be thrown directly into the EUR debate this afternoon. The EUR traded stronger against the USD on Wednesday, but remains in a weak trend versus the Greenback.
The Sterling managed to pick up some ground against the USD on Wednesday before going into today’s Bank of England policy meeting. There will be absolutely no interest rate change from the U.K. today, but investors will...
The JPY gained against the USD on Wednesday under another wave of risk adverse trading leading up to today’s risk events from Europe and the United States.
